The Motley Fool

NOVEMBER 2, 2024

Its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) also rose 5% to nearly $2.44 It ended the quarter with leverage of 3x, which it defines as net debt adjusted for equity credit in junior subordinated notes (hybrids) divided by adjusted EBITDA. It produced distributable cash flow (DCF) of $1.96

Depreciation 130

Depreciation Debt Enterprise Values Amortization 130

The Motley Fool

DECEMBER 2, 2024

Meanwhile, it has historically been conservative with its leverage, distribution coverage ratio, and growth capital expenditure (capex) spending. on average, between 2011 and 2016. Enterprise's consistency stems from its largely fee-based model, where the company only takes on minimal commodity or spread risk.

Debt 130

Debt Enterprise Values Depreciation Assets 130

The Motley Fool

DECEMBER 1, 2023

The company has also leveraged the strength of core businesses like e-commerce to add on higher-margin businesses like advertising, consumer financing, its third-party marketplace, and digital payments. That bodes well for Remitly, which was founded in 2011 but has grown rapidly. In its most recent quarter, revenue rose 43% to $241.6

Stock Market 130

Stock Market Stock Market Amortization Depreciation 130

The Motley Fool

NOVEMBER 1, 2024

Understanding SoFi's business SoFi, which is short for Social Finance, was founded at Stanford University in 2011. Its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) turned positive in 2021 and increased at a CAGR of 279%, from $30 million to $432 million. Image source: Getty Images.

Mergers and Acquisitions 130

Mergers and Acquisitions Banks Financial Services Amortization 130

The Motley Fool

OCTOBER 4, 2023

We drove strong wholesale GPU despite experiencing steep depreciation, and we stabilized CAF's net interest margins while we maintained penetration. We achieved this despite experiencing steep depreciation that was concentrated primarily in June and July. SG&A as a percent of gross profit was 84%, a leverage of 6.3

Depreciation 130

Depreciation Financing Finance Banks 130

The Motley Fool

DECEMBER 12, 2024

This figure excludes $156 million of depreciation. I would like to highlight that this represents the 14th consecutive increase in annual dividends, since we initiated dividends in fiscal 2011. Q4 operating income was $8.8 billion and was up 53% from a year ago, with operating margin at 63% of revenue. Adjusted EBITDA was $9.1

Debt 246

Debt Resale Taxes Accounting 246

The Motley Fool

JANUARY 12, 2025

It's also nicely improved its balance sheet over the past few years so that its leverage is now in the lower half of its targeted 4 times to 4.5 Meanwhile, it plans to buy back stock once its leverage target is achieved. times range. It is looking to grow its distribution by 3% to 5% a year moving forward. Image source: Getty Images.

Investing 246

Investing Taxes Enterprise Values Leveraging 246

The Motley Fool

DECEMBER 28, 2024

An early mover in the direct banking market SoFi, which is short for Social Finance, was founded in 2011. Its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) turned positive in 2021 at $30 million, and that figure grew at a CAGR of 279% to $432 million in 2023.

Mergers and Acquisitions 245

Mergers and Acquisitions Banks Enterprise Values Amortization 245

The Motley Fool

APRIL 13, 2025

Energy Transfer trades at an enterprise value (EV) -to-earnings before interest, taxes, depreciation, and amortization ( EBITDA) multiple of 8.1 times EV/EBITDA multiple that midstream MLPs traded at between 2011 to 2016 when they had worse balance sheets and narrower distribution coverage ratios. times, while Enterprise trades at 9.8,

Stock Market 208

Stock Market Stock Market Enterprise Values Amortization 208

The Motley Fool

JANUARY 26, 2025

In addition, the company has a solid balance sheet with low leverage for the industry. Meanwhile, it ended the quarter with leverage of 3 times. Midstream companies typically carry leverage from 3x to 4.5x Midstream companies typically carry leverage from 3x to 4.5x

Taxes 130

Taxes Depreciation Leveraging Enterprise Values 130

The Motley Fool

FEBRUARY 8, 2025

Its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ), meanwhile, increased by 4% to nearly $2.6 It ended 2024 with a leverage ratio of 3.1 (It This is generally considered a low leverage ratio for the midstream industry, where levels between 3.5 billion, a 5% increase. are common.

Companies 130

Companies Enterprise Values Depreciation Leveraging 130

The Motley Fool

FEBRUARY 20, 2025

Given that most of these projects won't be complete until later 2025 or 2026, the increased capex should have a larger impact on the growth of earnings before interest, taxes, depreciation, and amortization (EBITDA) in 2026 and 2027. between 2011 and 2016. Image source: Getty Images. However, it will be very tight.

Investing 130

Investing Depreciation Enterprise Values Amortization 130

The Motley Fool

MARCH 29, 2025

This gives the company solid visibility into future cash flows and EBITDA (earnings before interest, taxes, depreciation, and amortization), the two metrics by which midstream companies are most commonly evaluated. Enterprise currently carries leverage (net debt adjusted for equity credit in junior subordinated notes/EBITDA) of around 3.1

Enterprise Values 130

Enterprise Values Debt Amortization Depreciation 130

The Motley Fool

JANUARY 4, 2025

In addition to these growth opportunities in front of it, Energy Transfer is cheap compared to its peers and from a historical level, trading at an enterprise value (EV) -to- EBITDA (earnings before interest, taxes, depreciation, and amortization) multiple of just 8.4 times between 2011 and 2016. billion.

Enterprise Values 130

Enterprise Values Amortization Depreciation Earnings Before Interest 130

The Motley Fool

FEBRUARY 19, 2025

During 2024, we also paid down 250 million in debt and reduced our total leverage ratio to 3.2 After my unsuccessful attempt in 2011, we succeeded in bringing Stephan aboard as chief strategy officer in 2023. Credit agreement EBITDA for the fourth quarter was $164 million, and we further reduced our total leverage ratio to 3.2

Debt 231

Debt Leveraging Taxes Capital 231

The Motley Fool

MARCH 31, 2025

Learn More Midstream companies, meanwhile, now operate with lower leverage and have more robust coverage for their distributions. times that midstream master limited partnerships (MLPs) averaged between 2011 and 2016. Western Midstream's balance sheet is in stellar shape, with leverage below 3x, and it generated $1.3

Enterprise Values 182

Enterprise Values Leveraging Amortization Depreciation 182

The Motley Fool

MARCH 6, 2025

The positive 160-basis-point change in profitability was primarily due to net sales leverage, product mix, and productivity improvements. We continue to target a gross debt to EBITDA leverage ratio in the range of one to two times. When expressed as a percentage of net sales, earnings for the segment were 16.5%, up from 14.9%.

Taxes 130

Taxes Leveraging Capital Prospects 130

The Motley Fool

FEBRUARY 19, 2025

Phil has been a strong leader for our modular business since 2011, and he led our TRS business prior to that. Rental equipment depreciation expense of $85 million to $89 million, direct cost of rental operations of $119 million to $123 million. Leverage is 1.68 His experience makes him ideal for the role. We're very comfortable.

Mergers and Acquisitions 130

Mergers and Acquisitions Education Capital Shareholders 130